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SK Telecom invests $3m in Twelve Labs

SK Telecom has invested in $3 million in Twelve Labs, a video understanding company gaining attention in the global AI industry. The San Francisco-based startup, established in 2021, develops multimodal video foundation models that are designed to understand video content…

Samsung to showcase new projects from 12 startups

Samsung Electronics is set to showcase new projects that, with the support of its C-Lab programme, are innovating in AI, IoT, digital health and robotics at CES 2025, running from 7-10 January in Las Vegas. Samsung will highlight these 15…

WISeKey and SpaceX to launch satellites

WISeKey confirmed its subsidiary WISESat’s upcoming satellite launch in partnership with SpaceX. The launch is scheduled for 14 January 2025, taking place at the Vandenberg Space Force Base in California. This launch marks a significant milestone as it will carry…

bitsensing and NXP collaborate on radar systems

bitsensing entered into a Memorandum of Understanding (MoU) with NXP Semiconductors, a collaboration that will offer high-performance, scalable radar systems across automotive, smart cities, robotics and healthcare applications. It will combine NXP’s advanced radarchips with bitsensing’s innovation in radar technology…

Baracoda unveils AI-powered platform

Baracoda recently unveiled BConnect, its platform designed to transform the development of smart products, AI algorithms and applications across different industries. Using Generative AI and a low-code architecture, BConnect simplifies collaboration and accelerates product development cycles all within a privacy-by-design,…

LG looks to bridge AI home and mobility at CES 2025

LG Electronics will be sharing its vision of expanding the LG AI Home into mobility spaces at CES 2025, from 7-10 January in Las Vegas, including the ‘Lifestyle Solution for Mobility’ concept vehicle which will be on show at the…

Huawei and University of Hong Kong debut smart campus network

On the 12th December Huawei and the University of Hong Kong (HKU) held a launch ceremony showcasing ‘The University of Hong Kong & Huawei Global Smart Campus Network Showcase’, marking a new milestone in their collaboration on developing smarter campus…

Meritech and 1NCE aim to simplify IoT deployments

Meritech’s monoZ, an IoT integration solutions provider and 1NCE have joined forces to simplify IoT deployments on a glboal scale. As a certified integration partner for 1NCE, monoz can now offer enterprise and SMB companies a streamlined, efficient and rapidly-scalable…

eYs3D Microelectronics to focus on AI implementation at CES 2025

As AI image sensing and Edge computing technologies are on the rise, Etron Technology subsidiary eYs3D Microelectronics has launched the new eSP36 multi-sensor image controller IC. The eSP936 supports the synchronous processing of data from up to seven visual sensors,…

Powercast exhibits its solutions for growing wireless power market

Powercast is tracking the trend that the wireless power market is projected to reach $52.4 billion by 2030, as it will showcase its latest wirelessly-powered innovations at CES 2025, from 7-10 January 2025. “We’re experiencing growing demand as both industrial…